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It’s estimated that the value of the global online gambling market will exceed €75 billion by 2023, an increase of around €20 billion from 2020. Cryptocurrency is a means of payment that is completely digital and decentralised. There is no tangible currency linked to it, it is not tied to a specific country or region, and there is no bank or institution that can influence it.
Best Crypto Online Casinos
How Do Crypto Casinos Work?
Crypto casinos are an exciting online gambling trend with huge future potential. They present promising solutions to a multitude of difficulties that casino players in many countries face when attempting to play safely online.
Cryptocurrencies provide an independent payment solution for casino players on a global scale. With no institutions watching over our transactions, we can transact without intermediaries which reduces fees to a minimum. Our transactions are almost completely anonymous.
Crypto Casinos are casinos that support cryptocurrency (crypto) as a method of payment. There are two types of crypto casinos:
Before you can deposit at a crypto casino, you need to have cryptocurrency in your digital wallet. If you don’t have a wallet yet, you can shop around for a wallet that best suits your needs. Popular crypto wallets are Blockchain, Coinjar, and SpareCoins – but there are many others.
Once you have a wallet, you need to purchase some cryptocurrency to keep in it and spend online. The most well-known cryptocurrencies in online gambling circles are Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), Tether (USDT), and Dogecoin (DOG). So you’ll want to get a wallet that supports these cryptos. Signing up for most wallets is free and only takes a few seconds.
When you’re ready to deposit at the casino, you can select the cryptocurrency that you want to deposit with. You’ll be given a depositing address, or public key, that you’ll use to complete your crypto deposit at the online casino.
You should keep a copy of the depositing address in a safe place so you can easily refer back to it whenever you need to. However, the casino will supply you with it each time you want to complete a deposit in any case.
To complete your deposit, enter the depositing address and the amount you want to deposit into your crypto wallet account and click the ‘Enter’ or ‘Send’ button. It may take a few minutes for the transaction to be processed and for your casino balance to be topped up.
So you see, the whole process is very similar to using a regular e-wallet to top up your casino account with fiat currency:
However, many hybrid crypto casinos support cryptocurrency as a payment method and give away no deposit welcome bonuses to new players. These casinos will add the no deposit bitcoin casinos bonus to your casino balance as regular currency, not crypto.
There’s a benefit to accepting no deposit free spins at crypto casinos. When you play with free spins before depositing, only the winnings on the free spins are subject to wagering requirements.
If you win €50 while playing with no deposit free spins and the casino has a 35x wagering requirement, you have to play the €50 through the casino 35 times before you can withdraw any winnings.
If you don’t win anything while playing with no deposit free spins, the wagering requirement falls away, which means you can deposit without any wagering requirements attached. No deposit free spins are a great way to test drive different crypto casinos before you deposit.
We list the best crypto casinos on this page so that you can easily find them. After rigorous testing, these are the casinos that stood out thanks to their appealing games portfolios, attractive bonus offers, reputable licences, and decent wagering requirements.
We keep our lists up-to-date, so check them regularly for the latest crypto casinos.
That depends on you. Some players prefer free spins, others enjoy no deposit bonuses, while other players want a good deposit offer or cashback bonus. The welcome offers we present on this page are the best in our opinion. They have reasonable wagering requirements, flexible betting limits, and few game restrictions.
As long as casinos have a license issued by a trusted regulatory authority, they must adhere to the requirements of the licence to retain it. Regulatory authorities are quick to confiscate a licence when they detect unsafe or unreliable gambling processes during their audits of the casino.
The safety of an online casino depends on the casino’s licence, not the payment methods it supports. To ensure that you are playing at a reliable crypto casino, play at those that hold valid licences.
Yes, crypto casinos are legal. Players should be familiar with the laws associated with online gambling with cryptocurrency in their country of residence.
Licensed crypto casinos typically display their licences. You should always verify the licence with the official gambling authority to ascertain if it is valid or not. The crypto casinos listed on SPCasinos are licensed.
There is no maximum withdrawal limit at the crypto casinos that we recommend. Any limits are transaction limits. If there is a limit per transaction, the entire withdrawal will be paid out over several payments.
The fact that cryptocurrencies are decentralised scares some people away from the get-go. There’s no central point that checks or approves your payments. However, it’s exactly this feature that makes crypto casinos so appealing to other players. It also makes crypto casinos very accessible to online gamblers on a global scale.
Here’s some information that will put your mind at ease: all crypto transactions are protected by your own, private key. Playing with crypto is actually more secure than any other payment method. Additionally, licensed crypto casinos encrypt all their payment transactions as well as all your personal data.
Licensed casinos are under the watch of the gambling authorities that issue their licences, regardless of the payment methods they support. Whether you play at a regular online casino, crypto casino, or hybrid casino, as long as it is licensed by a reputable authority, your transactions are safe.
Licensing also ensures the fairness of the games. All the games at licensed casinos are frequently tested by independent third parties, or testing agencies, to confirm that the games are random, fair, and that they payout according to their advertised payout rates.
As we mentioned, the casinos recommended on this site are fully licensed online gambling platforms. If you’re going on your own search for a gambling platform, be sure to play at sites with VALID licences issued by trustworthy authorities such as:
Pros & Cons of Crypto Casinos